School district · Monmouth County, NJ

Highlands Borough School District's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Highlands Borough School District took in $5.9 million and spent $7.0 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

School district taxes76%State tax money20%Fines and other3.3%Fees for services (school lunches)1.1%

What stands out

76%

of Highlands Borough School District's money comes from property tax.A typical school district with fewer than 5,000 students gets 28%.

School district taxes76%

Property tax
76%$4.4 million

Fees for services1.1%

Fees for services
1.1%$62 thousand
What's in fees for servicesSchool lunches and other school charges
  • School lunches$39 thousand
  • Other school charges$23 thousand

Amounts are by Census type of charge.

State tax money20%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
20%$1.2 million

Fines and other3.3%

Interest, rents and other
3.3%$194 thousand

Where it goes

Schools and colleges99%Sent to other local governments1.2%

Spending by category100%

Schools and colleges
99%$6.9 million
What's in schools and collegesElementary and secondary schools
  • Elementary and secondary schools$6.9 million
Sent to other local governments
1.2%$86 thousand
What's in sent to other local governmentsSent to school districts and sent to the state government
  • Sent to school districts$85 thousand
  • Sent to the state government$1 thousand
Sources and moreWhere these numbers come from and what they cover

Highlands Borough School District. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Highlands Borough School District itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.